Chakana Copper Corp.
Chakana Copper Corp. (TSXV: PERU; OTCQB: CHKKF) is a Vancouver-based explorer whose sole project is La Joya, a 1,600-hectare property in the Aija-Ticapampa mining district of Ancash, Peru, about 35 km south of the Pierina gold mine. Chakana held the Libelula concessions, which make up most of La Joya, under option from Minera Barrick Peru from July 2018, and completed the acquisition of 100% of the project on June 1, 2026, issuing Barrick 4,130,312 shares (8% of the company) and granting it a 2% net smelter return royalty. La Joya has three targets: the Mega-Gold intrusive centre, where eight scout holes totalling 2,425 m in 2024 confirmed a high-level porphyry environment with gold, copper and molybdenum; the La Joya high-sulfidation epithermal target, where shallow drilling in 2024 returned 1,005 g/t silver and 0.45 g/t gold over 0.75 m; and the Compañero gold breccia zone, with channel samples up to 14.4 g/t gold, which has not been drilled. Mega-Gold and La Joya are permitted for drilling. La Joya has no resource estimate. Chakana relinquished its options over the Soledad property, which hosted its 2022 Inferred resource, in October 2024 and February 2025; Soledad is now owned by Minera Lincuna, and Chakana holds a 1% net smelter return royalty over the Soledad concessions.
Notable vs. Peers
- Jurisdiction risk score of 5/10 is meaningfully riskier than the peer average of 7.7/10.
- Trading within 3% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Not yet determined: mill, tailings facility, grid power.
Jurisdiction (40%)5/10
Ancash, Peru carries real community-relations and permitting-continuity risk typical of Andean mining jurisdictions, alongside an established base of large-scale mining expertise.
Infrastructure (40%)6.4/10
Confirmed road access at La Joya Project, Aija-Ticapampa district, Ancash, Peru; existing mill, grid power, and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score:9.6/10
Gold Fields Limited holds 17.17% (reported 11 Jul 2025) See holders
An operating producer's stake scores 8 at 5%, rising to 10 at 20% (the take-over-bid threshold) and holding there up to 50%.
Weight 25% · 49% here - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 29% here - JurisdictionSub-score:5/10
Peru: jurisdiction score 5/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 13% here - CommoditySub-score:8/10
Primary commodity: Copper
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Executive Officer, President and Director of Chakana Copper Corp. Economic geologist and exploration geochemist with 35+ years' international exploration experience. Most recently responsible for developing the exploration program at Las Bambas for MMG as General Manager Exploration - Americas. Career includes positions at Oz Minerals, Zinifex, Newmont, WMC and BHP. Notable discoveries include the Zuun Mod Mo-Cu deposit (Mongolia), the Wayamaga Au deposit (French Guiana) and the High Lake East VHMS deposit (Nunavut). B.Sc. Geology, Colorado State University (1985); M.Sc. Geology/Geochemistry, Colorado School of Mines (1989). Past President of the Society of Economic Geologists Foundation and the Association of Applied Geochemists.
Chief Financial Officer of Chakana Copper Corp., appointed Corporate Secretary and CFO effective February 1, 2020; also Interim Chief Financial Officer of Empress Royalty Corp. Chartered Professional Accountant with 22+ years' senior-level experience in financial reporting; has held CFO and other senior roles at private and public mining/resource-sector companies in North and South America. Mexico City native, bilingual.
Chairman and Director of Chakana Copper Corp. (Douglas B. Silver.) In mining since 1980; co-discovered the Silver Creek molybdenum deposit in Colorado. Founded Bond International Gold in 1987 and headed Investor Relations for what was then the NYSE's largest mining IPO. Co-founded International Royalty Corporation in 2003 and built it into what was described as the world's fourth-largest royalty company before its C$749 million sale in 2010. Portfolio Manager at Red Kite Management (2011); helped establish Orion Resource Partners, which grew to roughly US$6 billion in assets. Founded the Denver Gold Group investment conference. 2018 inductee, U.S. National Mining Hall of Fame; 2023 inductee, Canadian Mining Hall of Fame. M.Sc. Economic Geology, University of Arizona; B.A. Geology and Zoology, University of Vermont.
Independent Chairman of Gladiator Metals Corp.; also a director of Chakana Copper Corp. Principal of CDM Capital Partners, providing corporate finance advisory services to private and public natural-resource companies. Qualified as a barrister and solicitor in British Columbia and in England & Wales, practicing in corporate finance and securities law before founding CDM Capital. Founder of Northern Empire Resources Corp., K92 Mining Inc. and Chakana Copper Corp.
Chief Executive Officer and Director of Regulus Resources Inc.; also Chief Executive Officer & Director of Aldebaran Resources Inc. and a director of Chakana Copper Corp. Economic geologist with more than 30 years' exploration experience across multiple continents.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Two real, named strategic shareholders appear on Chakana Copper's own site: Gold Fields, a major gold producer, and EMR Capital, a genuine resource-focused private investment firm. Gold Fields' stake is real and substantial -- cash-subscribed since 2019 under a standing participation right capped at 19.9%; Chakana's July 2025 information circular lists Gold Fields Nazca Holdings at 4,586,169 shares, 17.17%. EMR Capital led a C$1.25 million strategic placement that closed in September 2025, taking 4,947,948 units for a 10.5% non-diluted interest, with anti-dilution and board-nomination rights. Both figures predate later share issuances, including 4,130,312 shares issued to Barrick in 2026 for the La Joya concessions. No insider trading records exist in our data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Chakana Copper is a Vancouver-based explorer whose sole project is La Joya, a 1,600-hectare property in the Aija-Ticapampa mining district of Ancash, Peru, about 35 km south of the Pierina gold mine. Chakana held most of La Joya under option from Minera Barrick Peru from July 2018 and completed the acquisition of 100% of the project on 1 June 2026, issuing Barrick 4,130,312 shares, 8% of the company, and granting it a 2% net smelter return royalty. La Joya has three targets: the Mega-Gold intrusive centre, where eight scout holes totalling 2,425 m in 2024 confirmed a high-level porphyry environment with gold, copper and molybdenum; the La Joya high-sulfidation epithermal target, where shallow drilling in 2024 returned 1,005 g/t silver and 0.45 g/t gold over 0.75 m; and the Compañero gold breccia zone, with channel samples of up to 14.4 g/t gold, which has not been drilled. Mega-Gold and La Joya are permitted for drilling, and La Joya has no resource estimate. Chakana gave up its options over the Soledad property, which hosted its 2022 inferred resource, in October 2024 and February 2025, and holds a 1% net smelter return royalty over the Soledad concessions.